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FOX Business
Dec 5, 2012 5:00pm EST
for their members. we are looking out for you here at "money." joining us now is chuck woolery, former beloved host. you're not the host of "wheel of fortune.". >> i was at one time. i was the original host when it went on the air. you're not old enough to remember. melissa: that must be it. that's it. all right. >> 1974. melissa: i think of you as the love guy that brought everyone together. "wheel of fortune" is important as well yeah. >> i wear many hats, melissa. melissa: my mistake. i apologize. let's get on the main issue of the day though because i think this is really interesting. aarp is out there once again lobbying and you know telling seniors who are their members what is in their best interests. when you pull things back and look behind the curtain it may not be necessarily what is best for them. we saw one example of this with obamacare when they were lobbying very hard to pass obamacare. but like you have said that was not necessarily in their members best interest. how come? >> well, 93% of the their members didn't want it and they did it anyway because it was money. so it is not ab
FOX Business
Dec 12, 2012 7:00pm EST
of their income. -- love it. we love hearing from you. send your e-mail to us. that is it to night's gerri willis report, thank you for joining us, have a great night, we'll see you tomorrow. lou: good evening, president obama working hard, to be president of all of the 47%. and big business is aligned with the president and his quest to raise taxes on everybody. here is the president today acknowledging that his promise not to raise taxes on middle class will be nul and void on january 1st. the president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. >> taxes are going to go up one way or the other, the key is to make taxes go up and high-end individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. lou: obamacare, guarantees taxes are going up. 5 new obam obamacare-based taxeo kick in next year. a 3.8% surtax on unearned income, and call chains and dividend 18.8%, and a new tax on hospital care, and medical device manufacturersing' taxed 2.3% of the price of their pr
FOX Business
Dec 18, 2012 5:00pm EST
photo sharing site says they're going to sell your pictures without paying you or even telling you. use, are already jumping ship. we'll tell you how this affects you and your money. >>> plus will this be the first republican controlled house ever to raise taxes? business mogul steve forbes will join me in a fox business exclusive to break it all down. >>> the dire warning for you and all of your savings today. hackers are planning to clean out your bank account. the former deputy director of the national security agency is here with all the details so you can hang on to your cash. even when they say it's not, it is always about money. melissa: all right. first let's take a look at the day's market headlines. another day of gains on wall street. stocks soared for the second day in a row. the dow closed up 115 points and all that illusion that washington is getting its act together but progress on the fiscal cliff isn't driving everything higher. gold hit its lowest level in since late august that is confidence there. investors flee from the precious metal as a safe haven appeal fades. g
FOX Business
Dec 11, 2012 9:00pm EST
is willing to make as part of the balanced approach.use fox news is reporting senior white house official said the signs are making some progress,e but there is still littler movement on the majorferences. substantive differences.back ty. we are watching and all. back to you. >> and now you are. thank you very much. deal weigh more on this deald throughout the next hour, and we are going to hear from bothcapio chambers barasso in ten minutes. the 0*er breaking story, a devastating defeat for one of the most important union strongholds in the country, michigan. michigan's governor, rick snyder, moments ago, signed right to work legislation into law. now, the new law sharply limits union power, something once unthinkable. hundreds of protesters packed inside the capitol building for the vote. trooper on hand in riot gear. michigan, home of the most powerful union in the country, a symbol of union power and dominance for generations. not anymore. workers are no longer to give up part of their paycheck to union dues. now, the unions didn't go down without a fight. literally. take a look at th
FOX Business
Dec 16, 2012 8:30am EST
>> school is fun? >> they teach us in a fun way. john: you look forward to going to school? >> yes. twenty-seven regular government schools get results because they are a government monopoly of almost always do a lousy job. up against the education blob that his job of the hunt teachers' union comment janitor union, bureaucrats they're resist change that is why -- while i was excited charters schools. schools could experiment the parents would see how much better it could be and kids would benefit from the innovation. it is not happening. sometimes. but the center for education reform says the charter movement has gone wrong. what happened is an example. >> my group have put together an application to start a charter school and we have been repeatedly stonewalled 57 because of your own daughter's experience you've got together with people and said we will start a charter. >> the first application was 100 pages could. denied. >> they said there was not a need we had typographical errors in the applicatn. john: wouldn't mcdonald's like to say that to burger king? >> yes. john: you tr
FOX Business
Dec 20, 2012 7:00pm EST
if you cannot catch us live. we will see you back here tomorrow. lou: lou: a vote will be coming to plan sequestration and that vote was passed narrowly, but it did pass. now we're going to have a vote on plan be coming. we will of course be watching that very carefully and bring it to you this evening. >> the president knows i have been able to keep my word and every agreement we have ever made. the fact is his plan is not balanced. and as a result time is running short i will do everything i can to protect americans as much as i can. lou: the company and bill passed moments ago, the bill passing sequestration for one year. moving the defense cuts of a specific rather than arbitrary spending cuts. limiting the amount of money, of course. congressional budget office scoring this bill $218 billion of debts and reductions over the decade beginning january 1. boehner's plan within the approval of americans for tax reform, grover norquist despite the hike in taxes for top earners. saying republicans supporting this bill confirming to their constituents in writing that this bill, the sole pur
FOX Business
Dec 10, 2012 7:00pm EST
the show an e-mail to gerri@foxbusiness.com. that's it for tonight's willis report. thanks for joining us. don't forget to dvr the show if you can't catch us live. have a good night, everyone, see you tomorrow. ♪ lou: good evening, everybody. president obama could hardly have chosen a worse place to be today. the president flew to michigan where he blasted the republican-led state legislature and the republican governor for their support of right-to-work legislation. his timing could hardly have been worse. that worker rights legislation will be voted on and given final approval tomorrow and be signed into law by governor rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues as a condition of their employment. we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest
FOX Business
Dec 7, 2012 11:00pm EST
: appreciate it. edward tweeted us to say for six years, six years, obama said the bush tax cuts are bad, drop bush's name, and, now, the tax cuts are good. how can this be? it's teresting, isn't it? that's all for us. have a great weekend. we'll see you monday. good night from new ♪ neil: sometimes you can sum up a week with a couple words, but this week, it's with this ad. >> cutting hundreds of billions of dollars from medicare and medicaid short change the people who need it the most. if you don't want seniors to come up empty, call your members of congress and tell them don't make a bad deal that cuts our care. neil: if that doesn't tell you real cuts are not coming, neighbor 101 democratic congressman want not to cut social security could drop a hint coming days after the national black cau cues coming further urging all entitlements, not just social security, be left off the cliff talks. you wonder why i fear we had headed for the cliff fast. welcome, evybody, i'm neil cavuto. that's really the deal this week. no deal this week. hence, that if one of the seriously coming behind closed
FOX Business
Dec 8, 2012 6:00am EST
congressman telling the gobi is looking for any pay to live in amounts of money to do what he used to do for free which includes giving lectures three all i can say is, hollywood better watch out. i would say that the entertainment industry since utility. that is my "2 cents more." and that is it for tonight on "the willis report." thank you for joining us. don't forget to record the show if youcannot catch us live. have a great night and a great weekend. ♪ ♪ neil: sometimes you can sum up a week with a couple words, but this week, it's with this ad. >> cuttingundreds of billions of dollars from medicare and medicaid short change the people who need it the most. if you don't want seniors to come up empty, call your members of congress and tell them don't make a bad deal that cuts our care. neil: if that doesn't tell you real cuts are not coming, neighbor 101 democratic congressman want not to cut social security could drop a hint coming days after the national blackck cause cues comg further urging all entitlements, not st social security, be left off the cliff talks. you wonde
FOX Business
Dec 16, 2012 11:00pm EST
said, no one has been blameless. joining us now is the fox news middle east analyst. it is great to have you th u. what is your reaction first to her claim that she did not misrepresent and did not, if you will, lie about what happened in benghazi? >> she may be stating that the diversion of national security and the version given to her -- she said she did not commit a live with the american public knowing that it is. on the other hand, there was an assessment made in washington prior to that, the next two hours ter the attack, saying clearly that this was a terrorist attack by armed people. in between the two, there is a political decision not to tell the truth as to what happened for political reasons. that is something that the ambassador cannot get out of. it would be in and also looking at everything that has happened before. it would have been in congre, and that is not something that's going to change the decision by congress. lou: i know that in washington dc there is a view strongly held by many. but a parallel view of the universe, although unrelated to the one in whic
FOX Business
Dec 6, 2012 7:00pm EST
more. thars all for to be the. thank you for joining us, dvr the show if you can't catch us live. have a great night. we'll see you right back here tomorrow. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascu
FOX Business
Dec 1, 2012 8:00pm EST
to be the highest unemployment in history for two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and me to some kind of an agreement. we have been down this road before where republicans of given on th taxes. was in the white house with reagan. they promised dollars in cuts. they didn't give us anything. bush went through the same drill when he broke his tax pledge, busch sr. we have had this history before. basically, tell us what you're going to do. there will be a stimulus by fixing he northeast from the storm. add another 50 billion out there on top of the package. and then the audacity of saying, i'm going to raise the debt ceiling whenever i want to. give me permission to do that. it's absolutely absurd. lou: the presidents reached exceing his grasp? >> we will ee. he clearly thinks that he is in a strong osition or you would not be trying this. i think he thinks that the optics work for him. >> but it was ms. mccall's idea in 2011 to give the president the power to raise the debt ceiling by himself. this was not some dmo
FOX Business
Dec 3, 2012 9:20am EST
announcer ] with stamps.com, you can print real u.s. stage for all your letters and packages. it gives you the exact amount of postage youeed the instant you ne it. can you print only stas? no. first class. priority mai certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> monday, december 3rd he and hold on to your wallet. the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they recognize the reality that we can't afford to extend those tax rates then we have the basis f
FOX Business
Dec 11, 2012 10:00pm EST
for joining us. have a great night. see you tomorrow. ♪ lou: good evening, everybody. i'm lou dobbs. you're looking at union members and supporters of organized labor who gathered oday at the state capitol in lansing, mich. demonstrating against the passage of this historic workers' rights legislation, legislation that, tonight, is law. you would not know it watching the boisterouunion protests, but unions are left intact by this new law. as is, the right to collective bargaining. the big victory for worker rights today, the elimination of the power of both public and private nions to demand and a worse dues from workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representaves and was sent on to governor rick snyder for his signature. protesters of this new law number some 10,000 at today's demonstrations. most league made up of uaw union of the workers, machinists, teachers, sometimes angry crowds that seem to be taking cues frm their democratic
FOX Business
Dec 7, 2012 3:00pm EST
looking for a job myself. cheryl: construction, there was a loss of 20,000. most of us expected a little bit of a game and that ector. >> maybe it will take a little bit longer to give up. my brother is still out of his house. they cannot get anyone to do work on it yet. cheryl: let's go over to the cme. i know that metals has been a big focus for a lot of traders today. what are you watching? >> just the price action in gold. it really gives the feedback. people, you know, maybe a risk on trade. it jumps back to the 17th 04 daily highs. that makes me believe i want to belong before the meeting and at the end of the year where we can hit that 1750 range. cheryl: very interesting. let's head over to the imax. i want to talk about a move that we are seeing in oil. it looks like some bearish signs for oil, in particular, when it comes to terms of supply. >> i think we get to 85 and then rebounds and get back up to the 88-89 level. the fiscal cliff talks not going anywhere yet. during the next two weeks we will start to see some positive remarks. one thing that is very interesting, heat and
FOX Business
Dec 8, 2012 6:00pm EST
taxes, not how much to cut spending. shld that worry us? it's a deal so disportioned in raising taxes and not cutting spending, what then? a lot of pressure to keep the gravy train running. what if it runs unabated? the unions who legislated the prident remind us every day in ads you owe us, mr. president. cut to the chase. no gutno glory, for now. the risk of a bad deal over no deal. john, what do you think of that? >> well, the democrats, neil, obviously, are not interested in cutting at all. they hold entitlements out, even though they are completely broke, between medicare, medicaid, and social security. there's a hundred trillion dollars in unfunded entitlement liabilities. tax the rich a 100% for the next hundred years. they are intent on eserving them, extending them, and creating them, making them larger meang bigger bills and government control. neil: can't they throw a bone to republicans, offer you at the gate, $800 billion in tax hikes? couldn't you throw it bac at them, first thing offered, doubling the tax hikes, $1.6 trillion. a clumsy start from t get-go, but i don't s
FOX Business
Dec 19, 2012 4:00pm EST
declining 12.3%. liz: because of the chicago mercantile exchange. a buying opportunity. and michael tells us why he expects double-digit earnings growth in the new year in what that'll do for equities. jerry leavy at the cme. another was some erosion of the last couple of minutes, the last hour or two. headlines from president obama, john boehner. is this market a little overbought going at the end of the year? >> for my technical perspective, you're absolutely right. they have eclipsed the upper end, and overbought situation. from my perspective and my colleagues, we are shocked trying to figure out the market moving higher. a lot of it is trying to figure out, we know a deal will get done, the real question is what are the ramifications of the deal and how will that affect earnings. as a guy who follows earnings very closely, we see that the drop year-over-year. it was from government. a noted state tax receipts are down adjusted for inflation 1% from 2,082,012. earnings are down on the top line, where does the bigger earnings growth come from? david: we have manufacturing coming in saying
FOX Business
Dec 21, 2012 4:00pm EST
and materials were this week's top performing sectors and consumer staples and telecom land. demand for u.s. goods climbing for the sixth time rising zero.7% last month, after 1.1% gain in october. orders for goods excluding aircraft excluding increase for the sixth straight month jumping to.7%. and in december, potentially higher taxes and consumer sentiment index calling -- 72.92.seven in november. liz: we have to mulholland in the pits of the cme and stephen sacks telling us the best place to put our money along with john buckingham who tells us why he is not worried about the fiscal cliff, or i coined this one, cliffmaca. i am not getting a courtesy laugh from to mulholland. tell me what the pits were like, david has mentioned last night neil cavuto was right here, saying there is not going to be a vote because there's so much infighting with republicans, futures were plummeting. this could have been a much uglier day but what happened? >> it was the global trading overnight and opened up. the volume was fairly light but the news was a shock so we got a steep drop. barista lot error of
FOX Business
Dec 21, 2012 7:00pm EST
layaway accounts for families that can use the help. it is a trend sweeping the nation. as we talked about earlier, often bringing up the best in people, and super storm sandy was no exception. here is another example. michael of brooklyn, check this out, every day he is treading his death in his red suit with his red cent delivering presents to boys and girls. he gets requests from kids and has been blessed with a huge influx of the nation's. michael johnson the qualifies for the nice list, and i'm thankful they're out there. that's my "2 cents more." here is how you vote in on the poll question we asked on gerriwillis.com with the emphasis this holiday season, thanksgiving. merry christmas. happy holidays. have a good one. ♪ lou: good evening. this beakers failure to win republican support in the house for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speaker's failure means a solution to the fiscal cliff is, if they're going to be one, now resting squarely upon president obama. arsine to be vacationing president alone cannot propose legisl
FOX Business
Dec 22, 2012 8:00pm EST
got it? yes. rates for us and them -- now that's progressive. call or click today. happy holidays. have a good one. ♪ lou: good evening. this beakers failure to win republican support in the house for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speaker's failure means a solution to the fiscal cliff is, if they're going to be one, now resting squarely upon president obama. arsine to be vacationing president alone cannot propose gislation that wins majority support in both the house and senate, and the decision to go over the fiscal cliff now depends on his ability to successfully negotiate and to forge a compromise that appeals to both republicans and the far left in mr. obama's party. the president metwith senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parti
FOX Business
Dec 19, 2012 11:00am EST
that u.s. lawmakers will have a deal. we are kind of to the downside. with that, i will send it back to you guys. dagen: what can we expect volume to look like? >> typically, any traders take the week off. a couple of days off. you have a lower volume. yesterday, there was a lot of conviction. volume was up considerably based on the one-week average. it has been a little bit better than usual. dagen: thank you so much, lauren. we will give people comments when they start. the white house saying president obama will veto the gop's plan b for the fiscal cliff saying it does not meet balance. douglas holtz aiken, former director of the budget office, joining us with more. if not now, then when the heck? >> hopefully by december 31. i think it is very important for us to avoid going over the fiscal cliff. all bad news for americans. you like to think that they are getting closer to gather. the fact that the white house rejected a plan b is not good. dagen: $1 trillion raised in revenue by congressman boehner's plan. that is pretty close, is it not remark it is true that the numbers have
FOX Business
Dec 3, 2012 5:00pm EST
and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks out for the right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow. the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell getting golden endorsement from goldman sachs today. the investment bank upgraded the struggling computer-maker saying the stock has been oversold. the dell shares rose by 4% over that news. to our top story tonight, speaker boehner and house republicans are rolling out their fiscal cliff counteroffer to the white house. incl
FOX Business
Dec 23, 2012 8:00pm EST
point republicans are hammering. >> the u.s. economy is estate here. millions of families are counting on us to do something. look. it is the president's job, his job to find a solution that can pass the congress. he is the only one you can do it >> the president's response has been to make clear, he is already compromising. >> during the course of these negotiations i offered to compromise with republicans in congress. i met them halfway on taxes and and i met them more than halfway on spending. >> and the president addressed as in the briefing room tonight, he urged lawmakers to go home for christmas. maybe even drink a little bit of eggnog, calmed down, cool off, week in order to try to work all this out. the president now headed to ally himself tospend christmawith his family. on his way out the door he told us, see you next week whhch means he is coming back before new year's eve in order to deal with this mess. lou: was named david axelrod who said see you later. it turns out mr. obama was paying attention. ed henry, fox news chief white house correspondent. president obama nomin
FOX Business
Dec 5, 2012 7:00pm EST
for joining us. have a great night. see you right back here tomorrow. ♪ lew: good evening, everybody. u.s. foreign policy in the middle east in question at this hour. violence spiring out of control in syria after 20 months of civil unrest and the deaths of at least 40,000 murdered civilians at the hands of their own government. united states and nato agreeing to deploy patriot weapons and to thwart an aso-called by assad. the missile systems to be positioned near the syria. his staff denies that and estimates if they were deploy troops, it requires 75,000 of the troops in a full ground invasion in order to seize the chemical weapon stockpile. fox news confirming they were not ordered to draft the consideration of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making t
FOX Business
Dec 2, 2012 8:00am EST
as totally inept or more inept than it is right now. and businesses free us up and they're afraid of doing anything and the individual freezes up. look, who is going to be out there actively investing and looking for work? you just don't know what's going to happen with all that we need to get something done, as bad as it might be. >> and does a month or two really make a difference? at some point, they're going to come up with something. >> yeah, that's right. i mean, i think a month or two a probably okay. and, but i'mith gary. if they kick this thing back a year, it really confirms the markets worst suspensions, which is thawe've got a congress that has absolutely no functionality whatsoever, they're well and truly broken and i mean, that would be disturbing, kicking back a month or two, i think the market can stomach that. i don't think the market would want to see us kick it back a year or two, no, no, no. >> here is the deal, tobin, what about we kick the can, we kick the can, we kk the can and the road is a what i, essentially, if we never cut spending, what's the issue there? >> we
FOX Business
Dec 22, 2012 5:00am EST
miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. gerri: hello, everybody. i am gerri willis. ten days until we got the fiscal cliff. president obama speakingmoments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they wou
FOX Business
Dec 1, 2012 9:00pm EST
mount up from the big guys and little guys like us get routed back from the table do to a smothering bunch of regulations. government interventions come at the result of wind things it out of control. i health care costs to go $150 billion. john: it's his body. he can make his own stupid choices. >> i never believe that i'm hurting anybody's freedom. john: youare banning things. you support the ban on the soft drinks. >> well, the big soft drink is important to realize that we need said -- you have children at the age of nine. they suffer from hypertension as a result of too much soda, too much sugar as a result that people ae not taking their own responsibility. that is when government jump into it. john: how can you say you're leaving them your toys? you're not. >> well, they should be glad. we're trying to do it. john: this is dangerous. too big. >> depending howmany of thoe you have. john: illegal. >> that's the reason i have the surcharge on it, to make sure that people get discouraged from getting this kind of items. john: and you want to -- [talking over each other] john: it b
FOX Business
Dec 4, 2012 1:00pm EST
seaport complex at a near standstill for the eighth straight day. drake christopher is going to join us with how this could impact your holiday season. lori: i was just kidding, actually. bacon is kosher. i do not eat kosher. melissa: speaking of kosher -- lori: rubbing elbows with the royals. our next ambassador -- you are speechless. melissa: i do not know about that one. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: right now, we are seeing the dow jones industrial average down just 12 points. so far, we are having a losing week on wall street. let's see what happens at the end of the day. these moves are really fractional. the s&p down a third of a percent. december, traditionally, is the best month for the s&p 500 since 1950. we will see whether or not that seems to come to correlation. i want to take a look at some of the auto retailers. it turns out they are not doing so well with their sales. pat boys, in particular, revenue missing for the third time in a row. both companies not seeing sales. warmer weather plays a role. back to you. m
FOX Business
Dec 6, 2012 5:00pm EST
is ruining kid's futures. you have to believe it to see it. the man behind it will join us in a fox business exclusive. >>> plus "money"'s executive roundtable get the real pulse of businesses. speaking out against president obama hurt their bottom line? will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. >>> yikes for yelp users. one woman post as scathing review of a business. now the owner is suing her for $750,000. does he have a case? he is here to make it. even when they say it's not it is always about money. melissa: first let's take a look at the day's market headlines of the congress doesn't open its mouth and stocks go up. are we listening politicians? better than expected jobless claims data and rebound in tech stocks helped lead the market higher. the dow gained 39 points hitting a new one-month high. >>> at&t customers listen up. your service may start sucking less. akamai technologies reached a deal to provide at&t's mobile network. it is expected to speed up delivery of digital content to customer's phones. akamai
FOX Business
Dec 13, 2012 5:00pm EST
a sign progress is quietly being made with both sides? rich edson is at the white house for us. rich. >> good evening, sandra. house speaker john boehner left the capitol building about 10 minutes ago. he will motorcade over here. he should be here in a short while to begin yet another meeting with president obama. the two had a phone call earlier this week. on the phone the house speaker said they made little progress. aides say over the last few weeks there has been little discussion, constructive discussion moving towards a compromise. this is yet another attempt to get something moving. the white house put an offer on the table. republicans called it a joke. house republicans put a offer on the table. white house said it wasn't serious. since then the two sides have not moved that much closer to one another. the white house wants immediate tax increase on families earning more than $250,000 through a tax rate increase. for republicans they want more detailed spending cut plan out of the white house before they agree to any revenue increases. that impasse has continued. when you t
FOX Business
Dec 22, 2012 11:00pm EST
? >> well, we talk about distractions. we have the president telling us that we need some kind of cooling off period. this is a president that had two years with the democratic house and senate. and everyday come they woke up and did not raise taxes. so they really wanted to do this, if they really believe, they want their taxes to go up on earners making more than $250,000 tunnel were we waiting until the last minute? ten days before the tax hike said. it is a mystery that they are saying that this is an emergency one they had to two years they could have done before. gerri: okay, this is what plan b was under john boehner. if you make a million dollars one year you pay a permanent estate tax at 35%, not 50%. that will go into effect january 1. if plan be is a no go, what will plan c look like? by the way, i love your red jacket. >> the problem isn't this. the real problem is the guy who was visiting a obama in the white house just a few minutes ago. mr. harry reid. the senate has not passed a budget more than three years. the senate has not passed anything on the fiscal cliff greathouse
FOX Business
Dec 3, 2012 7:00pm EST
if syria uses chemical weapons on its own people. the president's steered clear of defining those consequences. egis political crisis is widening cajon. a general strike to protest the presence unrestricted new powers. in this country's hospitals that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how high is that this book of? we begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house claim that no progress is being made >> the house speaker said on fox news sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. does the president agree? >> no, he does not. you saw secretary geithner over the weekend on aaother sunday shows very clearly express the president's position, talk about the proposals the president has put forward and express our belief that there has been progress and that we can achieve a bipartisan agreement. lou: the president has not spoken to the house speaker about a resolution to the fiscal cleft cents a late night phone call last w
FOX Business
Dec 6, 2012 1:00pm EST
pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in their district, they will highlight what they say i see ae small business tax hike president obama is pushing. the president is skipping town also for a quick stop in northern virginia. there he will meet with a middle-class family to press congress to protect those making less than $250,000 per year for a tax increase by raising rates on those earning more. the white house demanding a tax rate increase. republicans will agree to increase taxes through eliminating deductions. even if they figure out taxes, democrats and republicans still have to resolve significant differences on entitlements. take a listen. >> it is not even the right thing to do first and foremost. visit the trophy that republicans want? is that what they want to do what is right to raise the rates? speak of the american people want us to
FOX Business
Dec 1, 2012 5:00am EST
wants more spending and he's not giving us any entitlement savings and on top of that, like you mentioned, he has no limit onis authority. so he's spending just as he has over the past four years into oblivion. gerri: so there is no debt ceiling. he has a checkbook, he can use it anyway that he wants to. that is shocking and astonishing to many folks. there is also this. the president has talked over and over again about a balanced approach. everybody has to give up something. everybody gets a little something. so he proposes $1.6 in tax hikes. only 400 billion in cuts. in what way is this balance? >> i think this has been a mistake the republicans have made. i do not believe that we have a revenue problem. in the long run, we have a spending problem and it is mostly an entitlement problem. i think it was a mistake for speaker boehner and others for revenue on the table to begin with. that being said, they all agree in a balanced approach. what the president has put forward, it does not even adess the problems. if you don't start negotiations talk about medicare, they simply are
FOX Business
Dec 11, 2012 4:00pm EST
. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s&p higher for the first time in two weeks. technology and health care led today's gainers. well, oil posting its first gain in six sessions today, edges higher after prices fell 4% over the past five trading sessions. crude closing the day up 23 cents a barrel at $85.79. u.s. small business sentiment plunging in november to the lowest level in nearly three years. national federation of independent businesses saying the index fell more than five points last month to 87.5, and 3
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